 This year is perhaps the Best Year Ever for installing geothermal. Last year, people who bought geothermal systems got a wonderful surprise just before tax time. The federal 30% tax credit was restored and they got an unexpected $10 thousand dollars or more to subtract from their tax bills.
If you didn’t buy your system last year, it’s not too late to get a great deal, but act this year. Only for this next year do we have the combination of the NYSERDA incentive AND the federal tax credit, because the NYSERDA incentive will expire in 2019. So don’t miss out. There are some great deals to be had by acting now! Go to link: NYSERDA incentive Go to link: Federal Tax Credit
2 Comments
Melissa Jackson
9/11/2018 12:10:59 pm
What is the cost of your smallest geothermal system? Then can I assume I would get 30% off on my taxes?
HeatSmart
10/22/2018 03:34:40 pm
Hi Melissa, We don't directly sell heat pump systems. We are a non profit educational organization. We offer informational meetings, home tours and access to vetted installers. If you are in are area there are some meetings coming up: Leave a Reply. |
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